Beginning Tuesday, the free workshop will deal mostly with consent decrees for ASCAP and BMI, referring to 1940s-era rules to protect competition between the performing rights organizations.
that decrees prop up a"remarkable free market" and prevent a descent into"chaos." A group called the MIC Coalition, which includes Spotify, Pandora and other streaming services, has argued in favor of the decrees as well.last year, the CEOs of ASCAP and BMI argued to"modernize music licensing to better reflect the transformative changes in the industry," calling for a fairer and less costly fee system to pay royalties.
Among the Tuesday-Wednesday panels: A general session on the decrees including the CEOs of ASCAP, BMI, the National Music Publishers' Association and the NAB; a music-licensing discussion with executives from Sony/ATV Music Publishing and iHeartMedia; and a two-economist wrap-up with professors from Brandeis and Chicago universities.
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